Civic Intelligence

Visit Fort Wayne Foundation Inc.

990EZ • Fiscal year 2020 • EIN 47-4637946

Jan 01, 2020 to Dec 31, 2020 • Filed on May 06, 2021

927 South Harrison Street Ste 101Fort Wayne, IN 46802

(260) 424-3700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

31st percentile

-6.8%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-3.6%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-56%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$54,684

Down $2,022 (-3.6%) from 2019

Net Assets

Down

$54,684

Down $947 (-1.7%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$14,000

Down $18,066 (-56%) from 2019

Expenses

Down

$14,947

Down $12,427 (-45%) from 2019

Net Income

Down

-$947

Down $5,639 (-120%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2017: $82,604Liabilities 2017: $25,2512017Assets 2018: $51,199Liabilities 2018: $2602018Assets 2019: $56,706Liabilities 2019: $1,075Net Assets 2019: $55,6312019Assets 2020: $54,684Net Assets 2020: $54,6842020Assets 2021: $56,220Net Assets 2021: $56,2202021Assets 2022: $45,904Liabilities 2022: $1502022Assets 2023: $26,287Liabilities 2023: $423Net Assets 2023: $25,8642023Assets 2024: $214,709Liabilities 2024: $1,337Net Assets 2024: $213,3722024

Highlighted filing

2020

Assets$54,684
Liabilities-
Net Assets$54,684

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2017: $108,282Expenses 2017: $47,034Net Income 2017: $61,2482017Revenue 2018: $26,373Expenses 2018: $32,787Net Income 2018: -$6,4142018Revenue 2019: $32,066Expenses 2019: $27,374Net Income 2019: $4,6922019Revenue 2020: $14,000Expenses 2020: $14,947Net Income 2020: -$9472020Revenue 2021: $10,000Expenses 2021: $8,464Net Income 2021: $1,5362021Revenue 2022: $0Expenses 2022: $10,466Net Income 2022: -$10,4662022Revenue 2023: $15,000Expenses 2023: $34,890Net Income 2023: -$19,8902023Revenue 2024: $195,656Expenses 2024: $8,148Net Income 2024: $187,5082024

Highlighted filing

2020

Revenue$14,000
Expenses$14,947
Net Income-$947
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 6, 2021
Return Version
2020v4.0
Gross Receipts
$14,000
Mission and Program Overview

Mission

To create a better destination, benefiting both visitors and residents by supporting education and service.

Program Services

DescriptionGrantsExpenses
TO CREATE A BETTER DESTINATION, BENEFITING BOTH VISITORS AND RESIDENTS BY SUPPORTING EDUCATION AND SERVICE.-$14,947
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY SHEARERDirector-$0--
MELISSA SCHENKELVice Chair-$0--
KELLIE MCCLUNGTreasurer/Se-$0--
DAWN ROSEMONDBoard Chairp-$0--
MIKE NUTTERDirector-$0--
PETER MCMAHONDirector-$0--
DANETTE FITZGERALDDirector-$0--
DAN SWARTZDirector-$0--
DENITA WASHINGTONDirector-$0--
DAN O'CONNELLDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Visit Fort Wayne Foundation Inc
EIN
47-4637946
Phone
2604243700
Address
927 SOUTH HARRISON STREET STE 101, FORT WAYNE, IN 46802

Signing Officer

Name
Kellie Mcclung
Title
Treasurer/secretary
Phone
2604243700
Signed
2021-05-06

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Michael R Ziembo CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 2,000 total 2,000

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 5,377 technology expense 124 insurance expense 625 non-investment depreciation 6,680 total 12,806

Form 990-ez, Part II, Line 24

Accounts receivable 1,000 0 template and logo 24,050 24,050 less accumulated depreciation 17,370 24,050 total 7,680 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 75 0 deferred revenue 1,000 0

Form 990-ez, Part III

To create a better destination, benefiting both visitors and residents by supporting education and service.

Form 990-ez, Part IV

The visit fort wayne foundation has an agreement for services with the fort wayne allen county convention & visitors bureau to provide administrative, public relations and marketing services for a fee. The agreement clearly stipulates that these are 'payment for services- and the personnel providing services are not employees of the foundation. Dan o'connell is the president and ceo of the 501(c)6 fort wayne allen county convention & visitors bureau. Mr. O'connell's earned wages and benefits from this related organization are 144,856 and 40,471 respectively.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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CompensationExplanation/CompensationExplanationGrp/PersonNm4MIKE NUTTER
CompensationExplanation/CompensationExplanationGrp/PersonNm5PETER MCMAHON
CompensationExplanation/CompensationExplanationGrp/PersonNm6DANETTE FITZGERALD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY SHEARER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAWN ROSEMOND
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAN SWARTZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9DAN O'CONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD CHAIRP
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt012806
IRS990EZ/OtherRevenueTotalAmt02000
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER REVENUE 2,000 TOTAL 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 5,377 TECHNOLOGY EXPENSE 124 INSURANCE EXPENSE 625 NON-INVESTMENT DEPRECIATION 6,680 TOTAL 12,806
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1,000 0 TEMPLATE AND LOGO 24,050 24,050 LESS ACCUMULATED DEPRECIATION 17,370 24,050 TOTAL 7,680 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 75 0 DEFERRED REVENUE 1,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO CREATE A BETTER DESTINATION, BENEFITING BOTH VISITORS AND RESIDENTS BY SUPPORTING EDUCATION AND SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE VISIT FORT WAYNE FOUNDATION HAS AN AGREEMENT FOR SERVICES WITH THE FORT WAYNE ALLEN COUNTY CONVENTION & VISITORS BUREAU TO PROVIDE ADMINISTRATIVE, PUBLIC RELATIONS AND MARKETING SERVICES FOR A FEE. THE AGREEMENT CLEARLY STIPULATES THAT THESE ARE 'PAYMENT FOR SERVICES- AND THE PERSONNEL PROVIDING SERVICES ARE NOT EMPLOYEES OF THE FOUNDATION. DAN O'CONNELL IS THE PRESIDENT AND CEO OF THE 501(C)6 FORT WAYNE ALLEN COUNTY CONVENTION & VISITORS BUREAU. MR. O'CONNELL'S EARNED WAGES AND BENEFITS FROM THIS RELATED ORGANIZATION ARE 144,856 AND 40,471 RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART IV
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLIE MCCLUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02604243700
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISIT FORT WAYNE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VISI
ReturnHeader/Filer/EIN0474637946
ReturnHeader/Filer/PhoneNum02604243700
ReturnHeader/Filer/USAddress/AddressLine1Txt0927 SOUTH HARRISON STREET STE 101
ReturnHeader/Filer/USAddress/CityNm0FORT WAYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046802
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351939627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADEN GAGE & SCHROEDER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06920 POINTE INVERNESS WAY 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468047926
ReturnHeader/PreparerPersonGrp/PhoneNum02604222551
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R ZIEMBO CPA
ReturnHeader/ReturnTs02021-05-20T15:53:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELLIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCLUNG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits